Public Value Creation and Management Control Systems

This article addresses the issue of re-thinking public value in a more systemic approach analyzing the link between institutional, political and managerial dimensions. In particular, the article aims at building a new management control model for public sector organisations which takes into consideration institutional and political planning systems and management control systems. The article is based on the assumption that public value can be created only when the decision making process is based on a close relationship between the institutional dimension, the political dimension and the corporate dimension in order to make sure that the goal-congruence principle is respected.